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Coincover's mission is to make cryptocurrency safe for everyone to hold and use.
Pretty much everyone’s come across a horror story involving lost crypto assets, from misplaced wallet keys to hacked accounts. In fact, the lack of protection and recourse in these instances has been one of the main obstacles in cryptocurrency’s entrance into the mainstream.
Coincover is on a mission to make crypto assets safer to own by offering businesses and individual wallet holders a range of security products and insurance coverage should the worst happen. Crucially, its products are underwritten by Lloyd’s of London.
Despite only launching in 2018, Coincover has shown strong growth, gaining high profile clients like BitGo and Fireblocks. The fact that its co-founders both previously worked on The UK Royal Mint’s crypto and blockchain projects has no doubt helped in establishing this presence, as well as in securing the impressive investment so far received by the company, which will go toward hiring, product updates, and pursuing partnerships.
Steph
Company Specialist at Welcome to the Jungle
Feb 2023
$30m
EARLY VC
Jul 2021
$9.2m
SERIES A
This company has top investors
David Jancziewski
(CEO)Spent five years working in Blockchain at The Royal Mint for the UK government, defining and creating a digital gold currency in conjunction with CME Group.
Adam Smith
(CTO)Before co-founding Coincover they cofounded Hiddenfield, a cybersecurity consultancy with crypto, government, law enforcement and defence clients. Also worked for Cryptonomy on the Royal Mint Gold blockchain project.